7900 Sunset Boulevard — Sale in Los Angeles, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Los Angeles, CA 90046
- Size: 23,253 SF
Photos
Description
A generational investment/development opportunity at one of Los Angeles’ most iconic and highly trafficked intersections: Sunset Boulevard and Fairfax Avenue. This freestanding, high-clearance retail building—formerly occupied by Rite Aid—offers a commanding presence with unbeatable visibility and signage potential in the heart of the Hollywood/ West Hollywood corridor. Situated on the southwest corner of a fully signalized intersection, the property features a ±23,253 square foot building with expansive on-site parking (±65 spaces) on approximately 62,254 SF land. The building boasts a clear height of approximately 20 feet, efficient loading via a dedicated dock, and robust utility infrastructure.
Market Context
This retail in Los Angeles, CA is listed for sale across 23,253 SF. Compare it against other retail listings for sale in Los Angeles, CA — view the full market.
As of Q2 2026, the Greater Los Angeles retail market showed a 5.6% vacancy rate, and average asking rents near $34.14/SF/yr. Source: multiple brokerage reports, Q2 2026.
Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- Is the Greater Los Angeles retail market tightening or softening?
- Vacancy is around 5.6% (Q2 2026).
Estimated Price per SF
$238.14/SF – $1,732/SF
Mid: $721.64/SF
Estimated price for 23,253 SF: $16,780,295 (range $5,537,469 – $40,272,801)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- David Ghermezian · 1310407-6573 · david.ghermezian@nmrk.com
- David Ghermezian · 1310407-6573 · david.ghermezian@nmrk.com
- Rebecca Linck · 1310407-6581 · rebecca.linck@nmrk.com
- Jonathan Dadourian · 1310407-6567 · jonathan.dadourian@nmrk.com
- Fariba Kavian · 310-440-8500 · fkavian@naicapital.com
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